Iconic Worldwide to buy property investment firm for RM39.8m
Goldenluck is principally involved in property investment and currently owns the land in Penang as its sole major asset.
Aspen sells two units in Beacon Executive Suites for RM1.3 mil in IPT
The unit on the 21st floor was sold for RM628,200 after a 10% discount from its sale price of RM698,000.
Mah Sing sells freehold land in Penang for RM66m
Man Sing said the disposal of the land is in line with the group’s strategy to focus more on its "M-Series" type of residential land for development of affordable properties.
High Court strikes out Penang govt's bid to challenge revocation of first EIA for Penang South Island project
“Since the extension of time is dismissed, this court is not seized with the jurisdiction to hear the merits of the judicial review application.
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Sunway Malls to place emphasis on northern region
PETALING JAYA (June 24): Sunway is shifting its focus to the northern region in the coming years starting with the RM500 million expansion of Sunway Carnival Mall in Penang.
Mitsui Outlet Mall to open in Penang, once approved
PETALING JAYA (June 9): Penang is set to host a Mitsui Outlet Mall near the Penang International Airport (PIA), pending approval from the state authorities, which is expected to be given by the third quarter of 2022.
CapitaLand buys industrial properties from Dynaciate for RM80m
KUALA LUMPUR (June 8): CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.
Ideal Property Group's Queens Waterfront Phase 2 completed ahead of schedule
PETALING JAYA (June 3): The second phase of Penang-based developer Ideal Property Group’s Queens Waterfront called Queens Residences Q2 in Bayan Lepas has been completed ahead of schedule.
S P Setia announces the winners for the Setia KARYA Hotel Art Campaign
PETALING JAYA (May 11): S P Setia announced the top six winning artists for its Setia KARYA hotel art campaign contest on Tuesday (May 10) during the judging walkthrough and winners’ announcement at Setia SPICE Convention Centre in Penang.
E&O expects stronger quarters ahead after reversing losses in 3Q
KUALA LUMPUR (Feb 24): Having reversed losses in the third quarter, Eastern & Oriental Bhd (E&O) expects stronger earnings in the following quarters, supported by recognition of sales from new property launches in Penang and better contribution from its hospitality segment as the economy begins to recover from the Covid-19 pandemic.
